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An Issue of Treasury Bills matures in 346 days. If the annual interest rate r is 5%, find the ask yield. Express your answer as
An Issue of Treasury Bills matures in 346 days. If the annual interest rate r is 5%, find the ask yield. Express your answer as a percentage with 3 digits after the decimal point. Do not include % sign.
An issue of treasury bills matures in 175 days. Its straight yield is 6.4%. Please, find the annual interest rate r. Express your answer as a percentage with 3 digits after the decimal point. Do not include % sign.
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